Moody's Corp (MCO.N) has agreed to pay over $850 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to ..
Sony Corp said on Friday Michael Lynton would step down as chief executive of its movie and music businesses, Sony Entertainment, effective Feb. 2. Lynton will join as chairma ..
DETROIT/WASHINGTON (Reuters) - Japan's Takata Corp (7312.T) on Friday agreed to plead guilty to criminal wrongdoing and pay $1 billion to resolve a U.S. Justice Departmen ..
Wall Street has surged since President-elect Donald Trump's unexpected election victory on optimism he will cut corporate taxes, spend on infrastructure and deregulate ba ..
CAPE CANAVERAL, Fla. (Reuters) - - Elon Musk’s SpaceX lost more than a quarter of a billion dollars in 2015 after a botched cargo run to the International Space Station and th ..
Over the past two decades, planemakers Airbus (AIR.PA) and Boeing (BA.N) have traded the crown in the annual orders race, and it was usually clear who had bragging rights in t ..
The European Union and the United States agreed on Friday to reduce legal and capital barriers to boost the $3 billion transatlantic insurance and reinsurance market. Under th ..
Morgan Stanley will pay $13 million to settle civil charges, after it overbilled some of its wealth management clients because of coding and other billing system errors, U.S. ..
Ten employees of United Technologies Corp's (UTX.N) Pratt & Whitney unit, including the head of its F135 engine program, have left the company after an internal audit ..
Lockheed Martin Corp (LMT.N) is close to a deal to significantly lower the cost of its F-35 aircraft, Chief Executive Officer Marillyn Hewson said on Friday after meeting with ..